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What is Health? A Multiple Correspondence Health Index

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  • Jennifer L Kohn

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    (Department of Economics and Business Studies, Drew University, 301 Lewis House, Madison, NJ 07940, USA.)

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    Abstract

    This paper illustrates a health index that uses multiple correspondence analysis to reduce multiple discrete indicators to a continuous variable using minimal modeling assumptions. The continuous index enables fixed effects estimators when health is the dependent variable, and it exhibits more variation than self-assessed health (SAH) to support identification when health is an independent variable. I compute this index for 18 waves of the British Household Panel Survey, describe its features, and compare its use to SAH. The index performs better in dynamic models of health and subsumes the explanatory power of SAH in wage equations.

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    Bibliographic Info

    Article provided by Palgrave Macmillan in its journal Eastern Economic Journal.

    Volume (Year): 38 (2012)
    Issue (Month): 2 ()
    Pages: 223-250

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    Handle: RePEc:pal:easeco:v:38:y:2012:i:2:p:223-250

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    Cited by:
    1. Averett, Susan L. & Estelle, Sarah M., 2012. "Is it Necessary to Walk the Talk? The Effects of Maternal Experiences and Communication on the Sexual Behavior of Female Adolescents," IZA Discussion Papers 6586, Institute for the Study of Labor (IZA).
    2. Susan Averett & Laura Argys & Julia Sorkin, 2013. "In sickness and in health: an examination of relationship status and health using data from the Canadian National Public Health Survey," Review of Economics of the Household, Springer, vol. 11(4), pages 599-633, December.

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